3.7 Acres of Land with I 75 visibility
Vacant Land
for Sale
| Catylist Listing ID: |
30579698 |
| Property Subtypes: |
Industrial, Retail, Self Storage, Other
|
| Gross Land Area: |
3.70 Acres
|
| Sale Price: |
$1,875,000 |
| Unit Price: |
$506,756 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/16/2020 |
Overview / Comments
|
One of the few parcels of land still available in Sarasota County with visibility / exposure to Interstate 75! Lakewood Ranch, UTC Mall,Fruitville and Sarasota Commons and the world class rowing facility at Benderson Park just to name a few highlights and developments within a 5 mile radius. Sarasota is considered the jewel of the West Coast of Florida with explosive growth in the past 10 years and home to the number 1 rated beach in the USA several years running. There are also several large residential developments underway or planned in the area, including Waterside at Lakewood Ranch with 5000 new residences. With a price point under $2m, there are numerous development opportunities for this site. ILW zoning allows for a wide variety of uses and is a very desirable and flexible zoning classification.
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Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Taxing Authority: |
Sarasota County |
| Tax ID/APN: |
0048080012 and 0048080011 |
| Zoning: |
ILW (INDUSTRIAL LIGHT WAREHOUSING) |
| Property Located Between: |
Palmer Boulevard and Fruitville Road (interchange) |
| Property Visibility: |
Excellent |
| Legal Description: |
BEG AT SW COR OF LOT 51 TH N-09-19-43-E 211.8 FT ALG ELY R/W OF PACKINGHOUSE RD TH S-89-00-47-E 489.93 FT TO THE W R/W OF I-75 TH S-08-48-21-W 295.21 FT TH S-01-06-02-E 92.45 FT TH N-73-02-02-W 505.66 TH NWLY ALG R/W CURVE 16.31 TH N-09-19-43-E 20.01 TO POB SUBJ TO 6409 SF DRAINAGE ESMT TO COUNTY AS DESC IN ORI 2000015332 PALMER FARMS 2ND UNIT. and TRACT 3, INCLUDING PORTION OF FORMER 60 FT RR R/W ADJ TO E & PORTION OF TRACT 2 LYING ELY OF CATTLEMEN RD, LESS CATTLEMEN RD R/W DESC AS PARCEL 95 IN OR 1794/1734 & 1735, LESS 1.43 AC TRACT AS DESC IN OR 1913/2775, LESS PORTION LYING NLY & WLY OF CATTLEMAN RD R/W, PALMER FARMS 2ND UNIT |
| Largest Nearby Street: |
Cattlemen |
| Feet of Frontage: |
211 |
| Traffic/Vehicle Count: |
120,000 |
| Highway Access: |
I 75 at Fruitville Road |
| Airports: |
Sarasota Bradenton and Tampa International |
| Site Description: |
3.7 acres just South of Fruitville and I 75 Interchange |
| Area Description: |
Mix of retail, industrial and residential developments |
| Lot Frontage: |
211 |
| Lot Depth: |
500 |
| Zoning Description: |
ILW (Industrial Light Warehousing). |
| Topography: |
Level |
| Easements: |
Utilities, Other |
| Easements Description: |
Utility and sidewalk easements |
| Available Utilities: |
Electric, Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,511 |
62,531 |
149,061 |
| Median Age: |
41.8 |
47.9 |
47.73 |
| Households: |
1,781 |
27,438 |
67,270 |
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